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Market Cap: £54.38m
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Director/PDMR Shareholding

7 Mar 2025 07:00

RNS Number : 7322Z
hVIVO PLC
07 March 2025
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hVIVO plc

("hVIVO", the "Company" or the "Group")

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Director/PDMR Shareholding

& Total Voting Rights

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hVIVO plc (AIM: HVO), a fast-growing early-stage Contract Research Organisation (CRO) and the world leader in human challenge clinical trials, was notified on 6 March 2025 that 6,440,119 options were exercised by Yamin Khan under the terms of the Company's Long Term Incentive Plan ("LTIP") at £0.001 per ordinary share.

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Of the 6,440,119 options exercised, Mr Khan has sold 3,062,246 ordinary shares of £0.001 each in the Company ("Ordinary Shares") at 17p per Ordinary Share to meet the exercise cost and tax liabilities. Following this transaction, Mr Khan's holding in the Company is as detailed below:

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PDMR

Number of Ordinary Shares previously held

Number of options exercised

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Number of options held post exercise

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Number of Ordinary Shares sold

Resulting holding of Ordinary Shares

Resulting holding of Ordinary Shares %

Yamin 'Mo' Khan

523,730

6,440,119

4,606,794

3,062,246

3,901,603

0.57%

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Application will be made for 6,440,119 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 13 March 2025. Following Admission, the Company will have 686,811,996 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 686,811,996.

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For further information please contact:

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hVIVO plc

+44 (0)20 7756 1300

Yamin 'Mo' Khan, Chief Executive Officer

Stephen Pinkerton, Chief Financial Officer

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

+44 (0)20 7220 0500

Geoff Nash, Camilla Hume, Harriet Ward

Nigel Birks - Life Science Specialist Sales

Louise Talbot - Sales

Peel Hunt LLP (Joint Broker)

+44 (0)20 7418 8900

James Steel, Dr Christopher Golden

Davy (Joint Broker)

+353 (0) 1 679 6363

Anthony Farrell, Niall Gilchrist

Walbrook PR (Financial PR & IR)

Paul McManus / Phillip Marriage /Louis Ashe-Jepson

+44 (0)20 7933 8780 orĀ hvivo@walbrookpr.com

+44 (0)7980 541 893 / +44 (0)7867 984 082 /+44 (0)7747 515 393

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.Ā 

​

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Notes to Editors

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hVIVO plc (Ticker: HVO) is a rapidly growing early-stage Contract Research Organisation (CRO) and the global leader in human challenge trials. The company delivers end-to-end clinical development services to a diverse and expanding client base, including seven of the world's ten largest biopharma companies.

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hVIVO specialises in conducting human challenge trials across multiple infectious and respiratory indications, leveraging its state-of-the-art quarantine facility in London-the largest of its kind worldwide. The company also offers comprehensive virology and immunology laboratory services under the hLAB brand.

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Through its German subsidiary, CRS, hVIVO operates a 120-bed capacity across Mannheim and Kiel, providing early-phase clinical trial services, including first-in-human and proof-of-concept studies. Its second subsidiary, Venn Life Sciences, offers Early Drug Development Consulting and Biometry services to the biopharma sector.

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The Group provides fully integrated drug development solutions from preclinical stages through Phase II trials, alongside patient recruitment via FluCamp. Additionally, its five clinical sites support outpatient Phase II and III trials, ensuring a seamless and efficient pathway from discovery to late-stage development.

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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

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1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Yamin 'Mo' Khan

2

Reason for notification

a.

Position/Status

Chief Executive Officer

b.

Initial notification/

Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

hVIVO plc

b.

LEI

213800VT5KBM7JLIV118

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the financial instrument, type of instrument

Identification Code

Ordinary shares of £0.001 each

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ISIN GB00B9275X97

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b.

Nature of the transaction

Exercise of Options held under the Company's Long Term Incentive Plan ("LTIP") and sale of resulting shares

c.

Price(s) and volume(s)

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No. of Shares

Price

Option exercise

6,440,119

Ā£0.001

Sale

3,062,246

Ā£0.17

d.

Aggregated information

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- Aggregated Volume

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- Price

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See above

e.

Date of the transaction

Exercise: 6 March 2025

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Sale: 6 March 2025

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f.

Place of the transaction

Option exercise: Outside a trading venue

Sale: London Stock Exchange, AIM Market (XLON)

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